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DAMODAR VALLEY CORPORATION
NAME OF PLANT
ADDRESS
BANK GUARANTEE VERIFICATION CHECK LIST
ANNEXURE-M
CHECKLIST YES NO
1. Does the Bank Guarantee compare verbatim with
standard DVC Proforma for BG
2. a) Has the executing Officer of BG indicated his
name, designation & power of Attorney No. /
Signing Power number etc. on BG
b) Is each page of BG duly signed / initialed by the
executants and last page is signed with full
particulars as required in the DVC’s standard
Proforma of BG and under the seal of the Bank
c) Is BG no. and date mentioned on all pages of the
BG.
d) Does the last page of the BG carry the signature
of two witnesses alongside the signature of the
Executing Bank Manager.
3. a) Is the BG on non – judicial stamp paper of
appropriate value.
b) Is the date of sale of non-judicial stamp paper is
issued not more than six months prior to date of
execution of BG
4. a) Are the factual details such as Bid
specifications No. /NIT No. /LOA/PO No. contract
price, etc. correct
b) Whether overwriting /cutting if any on the BG
authenticated under signature & seal of executants.
5) Is the amount and validity of BG in line with
contract provisions
W& P Manual – 2012 Page 207